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One simple way to benefit from the stock market is to buy an index fund. But many of us dare to dream of bigger...
Austal Limited is an Australian-based global ship building company and defence prime contractor that specialises in the design, construction and support of defence and commercial vessels. [5] Austal's product range includes naval vessels, high-speed ferries , and supply or crew transfer vessels for offshore windfarms and oil and gas platforms.
It hasn't been the best quarter for Austal Limited ( ASX:ASB ) shareholders, since the share price has fallen 18% in...
The final 20 will be upgraded with new capabilities. The cost of each ship is about $350 million. [10] USS Independence (LCS-2) at the Austal USA shipyards along the Mobile River in Mobile, Alabama. In November 2008, Austal USA won a United States Navy contract to build ten Spearhead-class expeditionary fast transport ships.
On 18 May 2023, the navy awarded US$3.2 billion to the Austal USA shipyard in Mobile, Alabama to construct seven Explorer-class vessels. On May 30, 2024, the Navy awarded an additional $516 million to account for cost growth on the procurement of the first ship. [1]
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HSC Condor Liberation is a fast ferry that was built by Austal in Henderson, Western Australia. Previously named Austal 270 and Condor 102, she entered service as HSC Condor Liberation with Channel Island ferry operator Condor Ferries on 27 March 2015. [2]
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